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Currency Market Analysis

Global Themes

The U.S. dollar was subdued ahead of fresh readings today on the world’s biggest economy. Weaker stocks boosted the yen at the expense of commodity and emerging market currencies. As a result, Canada’s dollar tipped to its lowest in more than a week. The euro steadied after a data-induced fall to multiweek lows. Sterling maintained a resilient posture after Theresa May followed up a historic defeat of her Brexit plan by winning a confidence motion on the government. Markets continue to revolve around developments related to Brexit, America’s government shutdown and the U.S.-China trade war. In

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